Hong Kong & Double Tax Agreements

About Hong Kong

Hong Kong is the world’s third-largest financial services centre after London and New York. It has played a vital role in helping China integrate with the global free-market economy and is today a Special Administrative Region (SAR) of China. However, Hong Kong law is based on a British Common Law structure, and its courts rigorously apply the Rule of Law. Hong Kong’s Trust Laws are amongst the most modern in the world.

Hong Kong is not a Tax Haven; it is well regulated and is engaged in promoting sound financial practices through its membership of global bodies. It contributes to the development of global pension standards through its chair of the International Organisation of Pension Supervisors Technical Committee.

Advantages of Hong Kong
as your Retirement Plan destination

Hong Kong is listed as the freest economy in the world, with no Inheritance Tax and no Capital Gains Tax on pension growth or Income Tax on pension distribution. It also has Double Taxation agreements with 50 countries, making it an extremely attractive and tax-efficient place to grow and hold retirement funds.

HONG KONG Double Taxation Agreements

Hong Kong has Double Taxation Agreements with the following 50 countries. The Double Taxation Agreement (DTA), is a bilateral agreement between two countries to avoid the double taxation of income and property. DTAs will have a positive effect on you if you are a Hong Kong or resident of another DTA jurisdiction. These treaties provide tax freedom on Hong Kong sourced pension income:

Double Taxation Agreements

Hong Kong has Double Taxation Agreements with the following 50 countries. These treaties provide tax freedom on Hong Kong-sourced pension income:

A

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	25.06.2012 (Protocol)	25.05.2010
	Date of S49 Order	23.04.2013	28.09.2010
	Date of Entry into Force	03.07.2013	01.01.2011
	Effective From	03.07.2013	Year of Assessment 2012/2013
Austria	IRO Sub- legislation Reference	CE	BO

B

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	03.03.2024
	Date of S49 Order	In progress
	Date of Entry into Force	Pending
	Effective From	Pending
Bahrain	IRO Sub- legislation Reference	-

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	30.08.2023
	Date of S49 Order	In progress
	Date of Entry into Force	Pending
	Effective From	Pending
Bangladesh	IRO Sub- legislation Reference	-

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	16.01.2017
	Date of S49 Order	27.06.2017
	Date of Entry into Force	30.11.2017
	Effective From	Year of Assessment 2018/2019
Belarus	IRO Sub- legislation Reference	CY

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	10.12.2003
	Date of S49 Order	03.02.2004
	Date of Entry into Force	07.10.2004
	Effective From	Year of Assessment 2004/2005
Belgium	IRO Sub- legislation Reference	AJ

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	20.03.2010
	Date of S49 Order	22.06.2010
	Date of Entry into Force	19.12.2010
	Effective From	Year of Assessment 2011/2012
Brunei	IRO Sub- legislation Reference	BK

C

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	26.06.2019
	Date of S49 Order	In progress
	Date of Entry into Force	Pending
	Effective From	Pending
Cambodia	IRO Sub- legislation Reference	---

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	11.11.2012
	Date of S49 Order	23.04.2013
	Date of Entry into Force	29.10.2013
	Effective From	Year of Assessment 2014/2015
Canada	IRO Sub- legislation Reference	CF

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	24.01.2024
	Date of S49 Order	In progress
	Date of Entry into Force	Pending
	Effective From	Pending
Croatia	IRO Sub- legislation Reference	-

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	06.06.2011
	Date of S49 Order	08.11.2011
	Date of Entry into Force	24.01.2012
	Effective From	Year of Assessment 2013/2014
Czech Republic	IRO Sub- legislation Reference	BY

E

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	25.09.2019
	Date of S49 Order	In progress
	Date of Entry into Force	Pending
	Effective From	Pending
Estonia	IRO Sub- legislation Reference	---

F

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	24.05.2018
	Date of S49 Order	04.09.2018
	Date of Entry into Force	30.12.2018
	Effective From	Year of Assessment 2019/2020
Finland	IRO Sub- legislation Reference	DE

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	21.10.2010
	Date of S49 Order	03.05.2011
	Date of Entry into Force	01.12.2011
	Effective From	Year of Assessment 2012/2013
France	IRO Sub- legislation Reference	BT

G

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	15.09.2020	05.10.2020
	Date of S49 Order	20.10.2020
	Date of Entry into Force	01.07.2021
	Effective From	Year ofAssessment 2022/2023
Georgia	IRO Sub- legislation Reference	DN

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.04.2013
	Date of S49 Order	24.09.2013
	Date of Entry into Force	05.12.2013
	Effective From	Year of Assessment 2014/2015
Guernsey	IRO Sub- legislation Reference	CH

H

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	12.05.2010
	Date of S49 Order	28.09.2010
	Date of Entry into Force	23.02.2011
	Effective From	Year of Assessment 2012/2013
Hungary	IRO Sub- legislation Reference	BN

I

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	19.03.2018
	Date of S49 Order	04.09.2018
	Date of Entry into Force	30.11.2018
	Effective From	Year of Assessment 2019/2020
India	IRO Sub- legislation Reference	DD

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	23.03.2010
	Date of S49 Order	22.06.2010
	Date of Entry into Force	28.03.2012
	Effective From	Year of Assessment 2013/2014
Indonesia	IRO Sub- legislation Reference	BM

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.06.2010
	Date of S49 Order	28.09.2010
	Date of Entry into Force	10.02.2011
	Effective From	Year of Assessment 2012/2013
Ireland	IRO Sub- legislation Reference	BQ

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	14.01.2013
	Date of S49 Order	24.09.2013
	Date of Entry into Force	10.08.2015
	Effective From	Year of Assessment 2016/2017
Italy	IRO Sub- legislation Reference	CI

J

	Nature	Comprehensive Double Taxation Agreements	Exchange of Notes
	Date of Signature of Agreement	09.11.2010	10.12.2014
	Date of S49 Order	12.04.2011	12.05.2015
	Date of Entry into Force	14.08.2011	06.07.2015
	Effective From	Year of Assessment 2012/2013	Year of Assessment 2016/2017
Japan	IRO Sub- legislation Reference	BS	BS

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.02.2012
	Date of S49 Order	23.04.2013
	Date of Entry into Force	03.07.2013
	Effective From	Year of Assessment 2014/2015
Jersey	IRO Sub- legislation Reference	CG

K

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	08.07.2014
	Date of S49 Order	30.09.2014
	Date of Entry into Force	27.09.2016
	Effective From	Year of Assessment 2017/2018
Korea	IRO Sub- legislation Reference	CL

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	13.05.2010
	Date of S49 Order	17.04.2012
	Date of Entry into Force	24.07.2013
	Effective From	Year of Assessment 2014/2015
Kuwait	IRO Sub- legislation Reference	BZ

L

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	13.04.2016
	Date of S49 Order	27.06.2017
	Date of Entry into Force	24.11.2017
	Effective From	Year of Assessment 2018/2019
Latvia	IRO Sub- legislation Reference	CX

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	12.08.2010
	Date of S49 Order	03.05.2011
	Date of Entry into Force	08.07.2011
	Effective From	Year of Assessment 2012/2013
Liechtenstein	IRO Sub- legislation Reference	BU

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	11.11.2010 (Protocol)	02.11.2007
	Date of S49 Order	03.05.2011	22.01.2008
	Date of Entry into Force	17.08.2011	20.01.2009
	Effective From	Year of Assessment 2012/2013	Year of Assessment 2008/2009
Luxembourg	IRO Sub- legislation Reference	BA	BA

M

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.11.2019	25.11.2019
	Date of S49 Order	12.05.2020
	Date of Entry into Force	18.08.2020
	Effective From	Year ofAssessment 2021/2022
Macao SAR	IRO Sub- legislation Reference	DK

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	01.04.2015 (4th Protocol)	27.05.2010 (3rd Protocol)
	Date of S49 Order	In progress	28.09.2010
	Date of Entry into Force	Pending	20.12.2010
	Effective From	Pending	20.12.2010
Mainland China	IRO Sub- legislation Reference	-	BR

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	30.01.2008 (2nd Protocol)	21.08.2006
	Date of S49 Order	15.04.2008	17.10.2006
	Date of Entry into Force	11.06.2008	08.12.2006
	Effective From	11.06.2008	Year of Assessment 2007/2008
Mainland China	IRO Sub- legislation Reference	BB	AY

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	25.04.2012
	Date of S49 Order	09.10.2012
	Date of Entry into Force	28.12.2012
	Effective From	Year of Assessment 2013/2014
Malaysia	IRO Sub- legislation Reference	CC

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	08.11.2011
	Date of S49 Order	17.04.2012
	Date of Entry into Force	18.07.2012
	Effective From	Year of Assessment 2013/2014
Malta	IRO Sub- legislation Reference	CB

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	14.09.2022	07.11.2022
	Date of S49 Order	25.04.2023
	Date of Entry into Force	23.06.2023
	Effective From	Year ofAssessment 2024/2025
Mauritius	IRO Sub- legislation Reference	DS

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	18.06.2012
	Date of S49 Order	09.10.2012
	Date of Entry into Force	07.03.2013
	Effective From	Year of Assessment 2014/2015
Mexico	IRO Sub- legislation Reference	CD

N

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.03.2010
	Date of S49 Order	22.06.2010
	Date of Entry into Force	24.10.2011
	Effective From	Year of Assessment 2012/2013
Netherlands	IRO Sub- legislation Reference	BL

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	01.12.2010
	Date of S49 Order	03.05.2011
	Date of Entry into Force	09.11.2011
	Effective From	Year of Assessment 2012/2013
New Zealand	IRO Sub- legislation Reference	BV

P

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	17.02.2017
	Date of S49 Order	27.06.2017
	Date of Entry into Force	24.11.2017
	Effective From	Year of Assessment 2018/2019
Pakistan	IRO Sub- legislation Reference	CZ

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	22.03.2011
	Date of S49 Order	08.11.2011
	Date of Entry into Force	03.06.2012
	Effective From	Year of Assessment 2013/2014
Portugal	IRO Sub- legislation Reference	BW

Q

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	13.05.2013
	Date of S49 Order	24.09.2013
	Date of Entry into Force	05.12.2013
	Effective From	Year of Assessment 2014/2015
Qatar	IRO Sub- legislation Reference	CJ

R

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	18.11.2015
	Date of S49 Order	26.04.2016
	Date of Entry into Force	Pending
	Effective From	Pending
Romania	IRO Sub- legislation Reference	CV

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	18.01.2016
	Date of S49 Order	26.04.2016
	Date of Entry into Force	29.07.2016
	Effective From	Year of Assessment 2017/2018
Russia	IRO Sub- legislation Reference	CW

S

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	24.08.2017
	Date of S49 Order	08.05.2018
	Date of Entry into Force	01.09.2018
	Effective From	Year of Assessment 2019/2020
Saudi Arabia	IRO Sub- legislation Reference	DB

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	14.08.2020	27.08.2020
	Date of S49 Order	20.10.2020
	Date of Entry into Force	30.12.2020
	Effective From	Year ofAssessment 2021/2022
Serbia	IRO Sub- legislation Reference	DM

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	16.10.2014
	Date of S49 Order	12.05.2015
	Date of Entry into Force	20.10.2015
	Effective From	Year of Assessment 2016/2017
South Africa	IRO Sub- legislation Reference	CM

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	01.04.2011
	Date of S49 Order	08.11.2011
	Date of Entry into Force	13.04.2012
	Effective From	Year of Assessment 2013/2014
Spain	IRO Sub- legislation Reference	BX

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	04.10.2011
	Date of S49 Order	17.04.2012
	Date of Entry into Force	15.10.2012
	Effective From	Year of Assessment 2013/2014
Switzerland	IRO Sub- legislation Reference	CA

T

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	07.09.2005
	Date of S49 Order	18.10.2005
	Date of Entry into Force	07.12.2005
	Effective From	Year of Assessment 2006/2007
Thailand	IRO Sub- legislation Reference	AX

U

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	11.12.2014
	Date of S49 Order	12.05.2015
	Date of Entry into Force	10.12.2015
	Effective From	Year of Assessment 2016/2017
United Arab Emirates	IRO Sub- legislation Reference	CN

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	21.06.2010
	Date of S49 Order	28.09.2010
	Date of Entry into Force	20.12.2010
	Effective From	Year of Assessment 2011/2012
United Kingdom	IRO Sub- legislation Reference	BP

V

	Nature	Comprehensive Double Taxation Agreements
	Date of Signature of Agreement	13.01.2014 (Protocol)	16.12.2008
	Date of S49 Order	30.09.2014	21.04.2009
	Date of Entry into Force	08.01.2015	12.08.2009
	Effective From	Year of Assessment 2016/2017	Year of Assessment 2010/2011
Vietnam	IRO Sub- legislation Reference	BE	BE

Learn more about Soteria Trusts

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About Hong Kong

Advantages of Hong Kong
as your Retirement Plan destination

No Income Tax on Pension Distributions

No Capital Gains Tax

No Inheritance Tax

No Dividends Tax

No Tax on Interest Deposits

Common Law Jurisdiction

Highly Regulated

HONG KONG Double Taxation Agreements

Double Taxation Agreements

A

B

C

E

F

G

H

I

J

K

L

M

N

P

Q

R

S

T

U

V

Learn more about Soteria Trusts

About Hong Kong

Advantages of Hong Kong as your Retirement Plan destination

No Income Tax on Pension Distributions

No Capital Gains Tax

No Inheritance Tax

No Dividends Tax

No Tax on Interest Deposits

Common Law Jurisdiction

Highly Regulated

HONG KONG Double Taxation Agreements

Double Taxation Agreements

A

B

C

E

F

G

H

I

J

K

L

M

N

P

Q

R

S

T

U

V

Learn more about Soteria Trusts

Advantages of Hong Kong
as your Retirement Plan destination